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PM Modi’s Trinidad & Tobago visit highlights deepening trade, development and cultural relations

Prime Minister Narendra Modi’s visit to Trinidad and Tobago this week highlights India’s efforts to deepen ties with the Caribbean nation. The partnership, built on historical connections dating back nearly two centuries, now spans development cooperation, trade, digital payments, and cultural exchange.

Trade and Investment: Unlocking New Opportunities

The Trade Agreement signed between India and Trinidad and Tobago in January 1997, which grants Most Favoured Nation (MFN) status to each other, has laid a strong foundation for expanding economic ties. Trinidad and Tobago’s strategic economic role in the Caribbean, supported by bilateral and regional trade agreements, offers Indian exporters a gateway to the wider Caribbean market and beyond.

Bilateral trade between the two nations has shown encouraging resilience and steady growth, rising from $264 million in 2020–21 to $341 million in 2024–25. India’s major exports to Trinidad and Tobago include vehicles and parts, iron and steel, pharmaceutical products, and plastic goods. In return, India imports mineral fuels and oils, bituminous substances, mineral waxes, iron and steel, ores and ash, and aluminium from Trinidad and Tobago.

A notable milestone came in 2024 when Trinidad and Tobago became the first Caribbean nation to adopt India’s Unified Payments Interface (UPI). This step is set to enhance digital payments infrastructure and promote greater financial inclusion.

In recent years, India’s active participation in trade and investment conventions in Trinidad and Tobago has underlined the shared commitment to explore new opportunities. Sectors such as tourism, pharmaceuticals, information technology, renewable energy, and education are emerging as key areas for collaboration, signalling the growing potential of this bilateral economic partnership.

Strengthening Institutional Frameworks and Development Cooperation

The bilateral partnership between India and Trinidad and Tobago is anchored in institutional mechanisms such as the Joint Commission Meeting (JCM) and Foreign Office Consultations (FOC). The first JCM was held in 2011 in New Delhi, while the latest round of FOC took place in Port of Spain in August 2021, enabling both sides to chart the way forward for expanding collaboration.

India’s development partnership with Trinidad and Tobago has grown steadily in recent years. During the COVID-19 pandemic, India extended critical medical support by supplying 40,000 doses of the AstraZeneca vaccine under the Vaccine Maitri initiative, along with essential medical equipment and aid.

Beyond healthcare, India’s assistance has strengthened other priority areas as well. A $1 million India-UNDP project supported the deployment of telemedicine and mobile healthcare robots in Trinidad and Tobago. An additional $1 million was allocated for agro-processing machinery to boost food processing capacity. In line with its commitment to regional food security, Indian cooperatives have also supplied rice and edible oil to the Caribbean nation.

Cultural Bonds: A Living Heritage

Cultural connections between the two countries remain vibrant, anchored by the Indian diaspora’s enduring ties to its ancestral roots. Hindi language education continues to flourish, with the support of Hindi teachers and local institutions. Nearly 300 students enrolled in Hindi and Sanskrit courses during 2024–25, underscoring sustained interest in Indian languages and culture.

Trinidad and Tobago, which hosted the 5th Vishwa Hindi Sammelan in 1996, remains actively engaged through regional Hindi conferences and cultural events. Local organisations like the Hindi Foundation of Trinidad and Tobago and the National Council for Indian Culture continue to play a pivotal role in preserving and promoting this rich heritage.

from National https://ift.tt/7VnfoPz

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